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The latest announcement is out from GlaxoSmithKline ( (GB:GSK) ).
GlaxoSmithKline has announced the purchase of 306,478 of its own ordinary shares as part of its ongoing buyback programme. This transaction, executed through Merrill Lynch International, is part of a larger effort that has seen the company buy back over 23 million shares since June 2025. The purchased shares will be held as treasury shares, and this move is expected to impact the company’s share capital structure by adjusting the number of voting rights, which now stands at 4,074,052,147.
The most recent analyst rating on (GB:GSK) stock is a Buy with a £2610.00 price target. To see the full list of analyst forecasts on GlaxoSmithKline stock, see the GB:GSK Stock Forecast page.
Spark’s Take on GB:GSK Stock
According to Spark, TipRanks’ AI Analyst, GB:GSK is a Outperform.
GlaxoSmithKline’s overall stock score is driven by strong financial performance and positive corporate events, such as strategic buybacks and executive share acquisitions. While technical indicators suggest a neutral trend, the company’s balanced valuation and positive earnings call outlook contribute to a favorable investment profile.
To see Spark’s full report on GB:GSK stock, click here.
More about GlaxoSmithKline
GlaxoSmithKline (GSK) is a global healthcare company engaged in the development, manufacture, and marketing of pharmaceuticals, vaccines, and consumer healthcare products. It operates in the pharmaceutical industry with a focus on innovative medicines and vaccines for various diseases.
Average Trading Volume: 8,874,122
Technical Sentiment Signal: Hold
Current Market Cap: £56.63B
For an in-depth examination of GSK stock, go to TipRanks’ Overview page.